Printer Friendly

TM CENTURY ANNOUNCES ANNUAL STOCKHOLDERS MEETING

 TM CENTURY ANNOUNCES ANNUAL STOCKHOLDERS MEETING
 DALLAS, Feb. 26 /PRNewswire/ -- TM Century, Inc. (NASDAQ: TMCI)


notified stockholders of its annual meeting to be held on March 24, 1992, commencing at 10:00 a.m. (CST). The most significant item of business being presented at the meeting is the consideration of a one-for-eight reverse stock split. Each shareholder will be entitled to receive one new share of common stock for each eight shares of common stock presently owned. Holders of fractional shares will receive cash in lieu of such shares. Management believes that the one-for-eight reverse stock split will result in an increase in the market price of its stock. Management also expects that the reverse split will broaden the market for its stock and satisfy the maintenance requirements of NASDAQ.
 TM Century is engaged in the creation, production, marketing and distribution of compact disc music libraries, production libraries, station identification jingles, commercials for radio stations produced for broadcast on television, music scheduling software and compact disc equipment for radio stations worldwide.
 -0- 2/26/92
 /CONTACT: Dave Scott, chairman, or Carol Peek, corporate secretary of TM Century, 800-937-2100, or 214-934-2121/
 (TMCI) CO: TM Century Inc. ST: Texas IN: SU:


TS -- NY043 -- 2783 02/26/92 12:03 EST
COPYRIGHT 1992 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1992 Gale, Cengage Learning. All rights reserved.

Article Details
Printer friendly Cite/link Email Feedback
Publication:PR Newswire
Date:Feb 26, 1992
Words:208
Previous Article:PAGEAMERICA GROUP REPORTS THIRD QUARTER RESULTS
Next Article:SOUTHMARK RECEIVES PAYMENTS FROM TWO MAJOR SETTLEMENTS
Topics:


Related Articles
TM CENTURY ANNOUNCES NEGOTIATIONS TERMINATED
NOVACARE, INC. SETS ANNUAL MEETING DATE
NMT Medical Announces 2000 Annual Meeting of Stockholders.
New Century Announces Annual Stockholders Meeting.
New Century Financial Corporation Announces Decision to Convert to a Real Estate Investment Trust; New Century Announces First Quarter 2004 Loan...
New Century Announces Annual Stockholders Meeting.
New Century Announces Annual Stockholders Meeting.
New Century Announces Annual Meeting of Stockholders.
New Century Financial Corporation Increases Quarterly Dividend Rate to $1.60 Per Share.
New Century Increases Quarterly Dividend to $0.23 per Share.

Terms of use | Copyright © 2016 Farlex, Inc. | Feedback | For webmasters